I don't understand how you draw this conclusion from what I said. Regardless of high or low rates, banks borrow low and lend high, and live on the difference.

I don't understand how you draw this conclusion from what I said. Regardless of high or low rates, banks borrow low and lend high, and live on the difference. High rates, if you want to express yourself in those terms, a transfer of wealth from people with debt to people with assets.